“Wells Fargo’s rinse-repeat cycle of violating the law has harmed millions of American families,” said Consumer Financial Protection Bureau Director Rohit Chopra. Updated at 9:18 am EST Wells Fargo (WFC) – Get Free Report shares traded Read more…
Yen remains the biggest winner of the day, and maintains most gains in early US session. It remains to be seen how long the impact of BoJ’s tweak of the yield curve control would last. Read more…
Daily Pivots: (S1) 0.9265; (P) 0.9307; (R1) 0.9328; More… Intraday bias in USD/CHF remains neutral for the moment, but further decline is in favor with 0.9378 resistance intact. On the downside, break of 0.9214 will Read more…
Canada retail sales rose 1.4% mom to CAD 62.0B in October, below expectation of 1.5% mom, and the largest in crease in five month. Sales were up in 6 out of 11 subsectors, representing 84.4% of retail trade. Growth was Read more…
USD/CAD has edged lower on Tuesday. In the European session, USD/CAD is at 1.3626, down 0.19%. We could see stronger movement in the North American session when Canada releases the November retail sales report. Will Read more…
A surprise move by the Bank of Japan to widened the trading band on long-term bond yields as Treasury yields higher and stocks looking at a fifth day of declines. Updated at 8:24 am EST Read more…
Chili’s is making menu changes that many of its customers are not happy with. Businesses lucky enough to survive the pandemic may have felt a sting in their business. Many businesses were forced to find Read more…
The Bank of Japan made a surprise move on Tuesday morning, extending the permissible yield range of 10-year government bonds. The decision caused the yen to strengthen by more than 3%, and the Nikkei225 index Read more…
FedEx is hoping a big cost-cutting drive will improve profit margins, but a weakening global economy will put its execution to the test. FedEx Corp. (FDX) – Get Free Report shares nudged higher Tuesday ahead of Read more…
“We continue to see the supply shortfall continuing through year-end and impacting the typical seasonal uptick in iPhone volumes,” said JPMorgan analyst Samik Chatterjee. Apple (AAPL) – Get Free Report shares were active in pre-market trading Read more…